Sector Overview
Mining activities need separate exploration and mining licenses, and each license's duration and terms differ based on mineral type and the targeted geographic area for exploration.
Major mining projects often involve partnership structuring between more than one party, and these partnerships need precise drafting allocating risk and returns among participating parties.
Regulatory Framework
This sector falls under the Mining Law and its implementing regulations, which set conditions for granting exploration and mining licenses.
How We Work With This Sector
We review exploration or mining license requirements precisely, and help structure any partnership accompanying a mining project.
Who We Work With in This Sector
Mining companies needing exploration or mining licenses for a specific geographic area.
Parties negotiating a partnership in a mining project needing risk and return allocation structured between them.
We notice that some new investors in this sector underestimate the actual time needed for the exploration phase before reaching a stage of commercial mining, planning financing around an optimistic timeline that doesn't account for the actual time required to complete geological studies and obtain final mining licenses after a successful exploration phase.
Related Services for This Sector
These activities connect with exploration and mining licensing within our specialized sector services, coordinated with our environmental and water law expertise.
For structuring partnerships in mining projects, this connects with our corporate and business structuring service.
Common Questions
How long does an exploration license typically last?
The duration varies based on mineral type and targeted area, and we review this specifically within your project's license application.
Do you review environmental compliance for mining activities?
Yes, we track this compliance carefully given the potential environmental impact of these activities on land and surrounding resources.